Finance

Continues Track Record of Digital Leadership as First Widely Available AI-Driven Virtual Assistant in Financial Services Reaches Milestone June 12, 2018 – Bank of America today announced that it has surpassed 1 million users on Erica, the first widely available AI-driven virtual assistant in financial services, available to clients in its mobile banking app. The milestone […]

June 11, 2018 – Today, Bank of America Merrill Lynch (BofAML) opens applications for its ninth Returning Talent programme in Europe. Individuals who have been out of work for 12 months or longer – for example, stay-at-home parents or carers, or someone who has chosen to take a career break – are invited to apply […]

Bank of America’s Pathways Program Partners With Nonprofits to Fuel Talent Pipeline June 8, 2018 – Bank of America announced today its Consumer and Small Business division is targeting hiring 10,000 individuals from low- and moderate-income neighborhoods over the next five years. Through its Pathways program, the company is working with nonprofit partners to provide […]

Program Will Increase Access to Affordable Loans for Veteran-Owned Businesses June 8, 2018 – Bank of America today announced a $20 million Veteran Entrepreneur Lending Program to connect U.S. military veteran business owners with affordable capital to help kick-start and grow their businesses. “Helping our veterans translate their skills and become entrepreneurs driving the U.S. […]

Credit Cards Outpace Debit Cards and Cash as Most Popular Method of Payment During the Holidays RIVERWOODS, Ill. November 20, 2017 –(BUSINESS WIRE)– Despite concerns about identity theft and fraud, consumers don’t plan to curb their holiday shopping. An independent survey commissioned by Discover found that while 62 percent of consumers are very or moderately […]

Bank of America Crosses 5 Million Transactions in October CHARLOTTE, NC – November 20, 2017 – Bank of America today announced that its customers made more than 5 million Zelle® transactions, totaling $1.5 billion dollars in October, up 90 percent from person-to-person (P2P) transactions for the same period last year. The move to cashless shows no […]

Area Entrepreneurs Plan to Use Loan Funding to Invest in New Technology WASHINGTON, D.C. November 14, 2017 – As the year comes to a close, entrepreneurs in the greater Washington area are expecting strong year-end revenues, and they are projecting that growth to continue in the year ahead. According to the fall 2017 Bank of […]

Area Business Owners Most Likely to Offer Perks to Retain and Attract Employees SAN FRANCISCO November 14, 2017 – As the year comes to a close, the majority of San Francisco-area small business owners are confident that their year-end revenue will exceed that of 2016, and they are projecting that growth will continue into the year […]

Area Small Business Owners Pay the Highest Starting Wages Nationwide NEW YORK, NY – November 14, 2017 – As the year comes to a close, New York City area small business owners expect their 2017 revenue to exceed that of 2016, and they are focused on hiring and securing financing to accommodate growth in the year […]